On Tuesday, November 23, the closing arguments for both sides of the Kleiman v. Wright trial finished and now ten jurors will decide the fate of the billion-dollar bitcoin lawsuit. While Craig Wright claims he’s Satoshi Nakamoto, he also insists the now-deceased Dave Kleiman did not help with the creation of Bitcoin. The plaintiffs are …
Continue reading “Jury to Decide Fate of Billion-Dollar Bitcoin Lawsuit Involving Craig Wright”
Moonbeam, an Ethereum-compatible smart contract platform, has won the second parachain auction on Polkadot. According to the company’s announcement, over 35 million DOT, worth approximately $1.4 billion. Unprecedented community support helps Moonbeam secure a two-year slot on Polkadot After losing the last parachain auction to Acala, Moonbeam has now emerged as a winner of Polkadot’s …
Continue reading “Moonbeam wins Polkadot’s second parachain auction with $1.4 billion pledged”
The DFINITY Foundation, a major contributor to the Internet Computer, a blockchain that runs at web speed and provides an infinitely scalable platform for smart contracts, has launched NFT Studio, a 3D and interactive NFT platform running on the Internet Computer Protocol and a former grant recipient. NFT Studio allows creators to design, mint, and …
Continue reading “‘3D’ NFTs make their way to the Internet Computer (ICP) network”
Popular crypto lending firm, Celsius Network, is increasing its Series B funding round to $750 million after its October initial $400 million fund raising was oversubscribed by investors. This was revealed by the firm’s CEO Alex Mahinsky in a recent interview with Blockworks. Celsius eyes $10 billion valuation According to the CEO, the October fundraising …
Continue reading “Celsius (CEL) announces massive $750 million funding for its ecosystem”
As per Nikkei Asia, Kazakhstan’s president Kassym-Jomart Tokayev has suggested building a nuclear plant to sustain Bitcoin mining in a bid to support the profitable crypto mining activities in the nation “Looking into the future, we will have to make an unpopular decision about the construction of a nuclear power plant,” said Tokayev in a …
A sought-after plot of land in Decentraland has been sold for an estimated $2.4 million dollars (618,000 $MANA) in cryptocurrency. As Decentralands monthly users are expected to reach an all-time high of 300k this month it is not surprising that so many individuals and organizations want a piece of the action. NFT action on Decentraland …
During the last week, the price of bitcoin has been hovering below the $60K range and digital currency advocates are wondering which way the market is headed next. At the time of writing, the crypto economy is valued at $2.81 trillion and bitcoin’s market dominance has sunk below the 40% region for several days now. …
Continue reading “Bitcoin Dominance Slides Below 40% for First Time in 6 Months”
Karl Sebastian Greenwood, one of the masterminds behind the Onecoin pyramid scheme, recently used a contraband mobile phone to move at least $20 million while holed up in a prison in the United States, an attorney for one of the scheme’s victims has said. Onecoin Mastermind Taking Advantage of Regulators’ Failures The lawyer representing victims …
press release PRESS RELEASE. INTERNET CITY, DUBAI, Nov. 25, 2021 – LBank Exchange, a global digital asset trading platform, will list Dexioprotocol (DEXI) token on November 27, 2021. For all users of LBank Exchange, the DEXI/USDT trading pair will be officially available for trading at 23:00 (UTC+8) on November 27, 2021. Crypto investment has gone …
Continue reading “LBank Exchange Will List Dexioprotocol (DEXI) on November 27, 2021”
China’s crackdown on its crypto mining sector, launched earlier this year, caused a massive migration of mining enterprises to friendlier jurisdictions. Miners have been moving enormous amount of coin minting hardware to new bases around the world, with Russia reportedly taking the largest share among several attractive destinations, including the U.S. Russia, Kazakhstan, US Accept …
Continue reading “Russia Gets Bulk of Chinese Mining Machines Amid Miners’ Exodus, Report Reveals”
Layer-1 blockchains are having somewhat of their own internal war in crypto circles these days, with the likes (and communities) of Ethereum, Solana, Cardano, Elrond, NEAR, and several others going at it on Twitter and Discord daily. A bit away from the action—and with its own fan following—is Radix, another layer-1 blockchain in development since …
Continue reading “Piers Ridyard from Radix on how to scale blockchains and the future of DeFi”
On Nov. 14, the highly anticipated Bitcoin upgrade Taproot was activated on block 709,632 with the aim of kindling a DeFi and dApp ecosystem around the decentralized currency, giving it a more Ethereum-like functionality. But while Taproot received almost universal support from the Bitcoin community—unlike the divisive 2017 SegWit upgrade—it has not resulted in any …
Continue reading “Will Bitcoin’s Taproot upgrade cause a “DeFi rain”?”
As per the local news source, NDTV, India might ban all major crypto assets when it introduces the new “The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021″ this winter. The government is also exploring the possibility of issuing a digital currency backed by the Reserve Bank of India. “The Bill also seeks to …
Continue reading “India targets Bitcoin and crypto again in latest ban wave”
Social trading exchange eToro said it would delist Cardano (ADA) and Tron (TRX) for U.S users. Affected users will not be able to open new positions or receive staking rewards in respect of those tokens. The company said the move was due to “considerations” related to “the evolving regulatory environment.” It made no further comments …
Mercadolibre, one of the biggest online retailers in Latin America, has started rolling cryptocurrency trading services to a selection of their customers and plans to expand this test in the coming weeks. Mercadopago, the payments service native to the platform, will allow these customers to purchase, hold and sell cryptocurrencies directly from the platform. The …
Continue reading “Mercadolibre to Allow Users to Invest in Cryptocurrencies From Its Platform”
